Your Pulse On America: Live And Unfiltered
President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped up by the financial sector and government spending. The remarks by Jamieson Greer, the United States trade representative, came as…
There was little rest on Wall Street this weekend. There was plenty of anger, anxiety, frustration, and fear. Anger at President Trump for a brash and chaotic rollout of tariffs that erased trillions of dollars in value from the stock market in two days. Anxiety about the state of the private equity industry and other…
Watch out for interest rates. Not the short-term rates controlled by the Federal Reserve. Barring an unforeseen financial crisis, they’re not going anywhere, especially not after the jump in inflation reported by the government on Wednesday. Instead, pay attention to the 10-year Treasury yield, which has been bouncing around since the election from about 4.8…
Treasury Secretary Scott Bessent became the first senior Trump administration official to visit Ukraine, arriving on Wednesday for talks on an agreement that would trade access to Ukrainian natural resources for continued military support. Mr. Bessent’s trip comes amid anxiety in Kyiv and among American allies about whether U.S. support for the Ukrainian war effort…
Fannie Mae and Freddie Mac, two giant mortgage finance firms, have been controlled by the federal government for nearly 17 years, but a long-dormant idea of making them private businesses is starting to make the rounds in Washington again. Scott Turner, the secretary of Housing and Urban Development, said in an interview this week that…
President Trump met this week with the PGA Tour commissioner, the tour said on Thursday, as the Justice Department considers whether to approve a venture between the United States’ premier golf circuit and one backed by Saudi Arabia’s sovereign wealth fund. The meeting at the White House on Tuesday was an unusual foray for an…
In the days after President Trump took office, as Elon Musk’s team began pressing for access to the Treasury Department’s payments system, officials repeatedly said that their goal was to undertake a general review of the system. They said they would observe, but not stop money from going out the door. But emails reviewed by…
President Trump persuaded several Fox News hosts to leave the network and take up major roles in his administration. Now a Trump is joining the network. Lara Trump, Mr. Trump’s daughter-in-law and a former co-chair of the Republican Party, will begin hosting a new weekend show on Fox News on Feb. 22, the network is…
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create one. “Other countries have wealth funds,” he said. “We have nothing.” On Monday, he took the first step. He issued an executive order that announced the planning for an investment vehicle or a sovereign wealth…
There’s a new parlor game on Wall Street: guessing TikTok’s next owner. President Trump signed an executive order in January that delayed enforcement of a law that banned the popular video app. Under the order, the app must now be sold to a non-Chinese owner by early April. Since he signed the order, Mr. Trump…